When most people refer to a ‘company’, they usually mean a private limited company which has shareholders. However, there are several other types of company which all serve a different purpose. The types of limited company are the company limited by guarantee, a private company limited by shares, public limited companies and private unlimited company.
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llp
An LLP provides its members with limited liability (like a limited company), but they are taxed in a similar way to self employed partners. It is a popular business structure in professional occupations, such as accountancy and legal industries.
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